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Family Business Groups in India: Perspectives on Their Roles, Strategies, and Innovations

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Abstract

The rise and dominance of business groups in the emerging economies have been so far described by the institutional void logic. However, this undermines the internal strengths and motivations possessed by the business families that control the majority of such business groups in many countries like India. In this chapter, we introduce the family logic behind the persistence of family business groups and show how family-level interests can also drive strategic choices including innovations. We take help of different cases from the Indian context to illustrate this perspective and conclude that family business groups would continue to thrive even if the institutional environment improves.

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Author information

Authors and Affiliations

  1. Indian Institute of Management, Raipur, India

    Santanu Bhadra

  2. Indian School of Business, Hyderabad, India

    Sougata Ray & Kavil Ramachandran

  3. Indian Institute of Management, Ahmedabad, India

    Sankaran Manikutty

Authors
  1. Santanu Bhadra
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  2. Sougata Ray
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  3. Sankaran Manikutty
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  4. Kavil Ramachandran
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Corresponding author

Correspondence to Kavil Ramachandran .

Editor information

Editors and Affiliations

  1. School of Engineering Science, LUT University, Lahti, Finland

    Marita Rautiainen

  2. Department of Strategy and General Management, ESADE Business School, Sant Cugat del Vallès, Spain

    Maria José Parada

  3. School of Engineering Science, LUT University, Lahti, Finland

    Timo Pihkala

  4. Jönköping International Business School (JIBS), Jönköping, Sweden

    Naveed Akhter

  5. Department of Entrepreneurship and Strategy, Lancaster University Management School, Lancaster, UK

    Allan Discua Cruz

  6. Department of Organisation Behavior and Human Resources Management, Indian Institute of Management Indore (IIM), Indore, India

    Kajari Mukherjee

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Bhadra, S., Ray, S., Manikutty, S., Ramachandran, K. (2023). Family Business Groups in India: Perspectives on Their Roles, Strategies, and Innovations. In: Rautiainen, M., Parada, M.J., Pihkala, T., Akhter, N., Discua Cruz, A., Mukherjee, K. (eds) The Palgrave Handbook of Managing Family Business Groups. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-031-13206-3_7

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